Cabinet Approves Construction Of Over 83000 Km Roads

The government said the investment would target constructing 83,677 km of roads in the next five years.

The mega-highway development plan will also help the government to counter the Opposition's allegation that government has failed to create jobs in the country. The plan is focused at improving speed of traffic flow on key corridors by providing uniform four-lane roads between two identified points.

He said the Ministry has prepared a detailed report for projects worth around ₹25,000 crore.

Work on the first set of projects under Bharatmala, one of the most ambitious highway development programmes of the current NDA government, will begin before the end of 2018, Union road transport and highways minister Nitin Gadkari said on Wednesday.

Projects such as economic corridors and coastal roads and port connectivity, worldwide connectivity, border roads, roads connecting economically important nodes, green field expresswayswill be brought under its aegis.

Additionally, central and state governments would spend another Rs 88,185 crore in the next three years towards constructing rural roads under Pradhan Mantri Gram Sadak Yojana.

The Bharatmala project will improve the connectivity with neighbouring countries for which a total of 24 integrated checkpoints (ICPs) have been identified. The government has also sanctioned nearly Rs 11,000 crore towards the development of roads in states with left wing extremism. This new highway development programme of building roads and improving mobility to reduce the logistic cost.

The centre's proposal to invest Rs6,92,000 crore for developing about 83,000 km of roads in the country has given a big boost to shares of most infrastructure companies in the morning trade today with shares of companies in the road sector zooming up to 7 per cent. The government officials said better road network will transform India's road sector through the smart tag based tolling. According to estimates, due to poor roads, narrow width and congestion, a truck in India covers only an average distance of 250-300 km daily, while in developed countries trucks cover an average 700-800 km daily. In addition, Rs1.57 trillion will be spent on the construction of 48,877km of roads by the state-run National Highway Authority of India (NHAI) and the ministry of road transport and highways.

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